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Question
Find Net Value added at Market Price:
|
S.No |
Items |
Amount |
|
(i) |
Depreciation (Rs) |
700 |
|
(ii) |
Output sold (units) |
900 |
|
(iii) |
Price per unit of output (Rs) |
40 |
|
(iv) |
Closing stock (Rs) |
1,000 |
|
(v) |
Opening stocks (Rs) |
800 |
|
(vi) |
Sales tax (Rs) |
3,000 |
|
(vii) |
Intermediate cost (Rs) |
20,000 |
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Solution
Net Value Added at Market Price = Value of Output (Units of Output × Price per Unit) + (Closing Stock − Opening Stock) − Intermediate Cost − Depreciation
= (900 × 40) + (1000 − 800) − 20,000 − 700
= Rs 15,500
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